Goldman Sachs' Schwartz retires, paves way for Solomon as next CEO

Monday, 12 March 2018 (23 hours ago)
(Reuters) - Goldman Sachs Group Inc said on Monday that Harvey Schwartz will retire from the bank, leaving David Solomon as sole president and chief operating officer and the most obvious successor to Chief Executive Lloyd Blankfein.

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News video: Goldman CEO Blankfein prepares to exit - WSJ

▶ Goldman CEO Blankfein prepares to exit - WSJ 01:09

Lloyd Blankfein could step down as Goldman Sachs chief executive as soon as the end of the year, according to the Wall Street Journal. Aleksandra Michalska reports.